Reuters' Paul Bascobert on the AI production shock

Publishers know how to live through distribution shocks. AI is a different kind of disruption. Reuters president Paul Bascobert argues it’s a production shock, one that pushes the cost of commodity content toward zero and squeezes out any business without something unique to sell. We talk about Reuters’ “build it once, sell it four times” wholesale model, why AI companies are now publishers rather than portals, the coming push for content protection, and why he worries the news industry won’t move fast enough. Paul also makes the case that this could be a golden age of journalism, even if it isn’t one for big media companies. Chapters: 01:33 Reuters at 175 Years 03:29 Four Windows Business Model 10:06 DTC and Interface Shift 14:46 Journalism in an AI World 21:55 AI Workflow Wins at Reuters 29:00 Licensing, Protection, and 2031 Outlook 35:55 Information System and Infotainment